Mining Business Insights with Big Data Analytics and the Internet of Things - ERP Spain.com - España y América Latina

With the Internet of Things, distributed intelligence will allow for automated replenishment which will change the nature of the supply chain and require companies to add new services in order to stay relevant.  Value will be less in the physical nature of products and more in configured functionality. Systems will be optimized and processes will become more autonomous.  Data exhaust from product interactions will become the source of value for businesses that have relied on revenue from commodity goods in the past. Optimization multi-vendor ecosystems of sensors and equipment will provide new sources of value and efficiency.  Understanding, interpreting and leveraging data that drives these processes and that are emitted by devices and systems of devices will be an enormous challenge for enterprises that are struggling to deal with the current deluge of information.